The amount of credit sales can be computed from : (a) Bills receivable account (b) Total debtors account (c) B

Question 35 of 50

Q. The amount of credit sales can be computed from :

(a) Bills receivable account

(b) Total debtors account

(d) Total creditors account

Tamil Nadu DgeTamil Nadu HSC (DGE) Commerce Board 2024MCQ· 1mImportance★★★★★

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Credit sales are computed as the balancing figure of the Total Debtors Account — option (b).

When books are kept on a single-entry (incomplete-records) basis, the credit sales figure is not directly available, so it is recovered from a control account. The Total Debtors Account summarises every transaction affecting customers who owe the business:

Debit side: opening debtors, and credit sales (the figure to be found).
Credit side: cash/cheque received from debtors, discount allowed, sales returns, bad debts, bills receivable accepted, and closing debtors. …

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Same / Similar Concept — real previous-year questions on the same or a closely similar concept, not this exact question.

CBSE 2025Set MARCH1 markMCQ
$Q. Closing balance of debtors ₹ 20,000, Cash received ₹ 1,40,000, Credit sales ₹ 1,20,000 Opening balance of debtors :$
(a) ₹ 20,000
(b) ₹ 30,000
(c) ₹ 40,000
(d) ₹ 1,30,000
›Reveal solutionSolution

The opening balance of debtors is ₹ 40,000, found by balancing the Total Debtors Account.

In a Total Debtors Account (Accounts from Incomplete Records, TN HSC Commerce), the debit side carries the opening balance and credit sales, and the credit side carries cash received from debtors and the closing balance:

Total Debtors A/c ₹ ₹
To Opening balance (?) ? By Cash received 1,40,000
To Credit sales 1,20,000 By Closing balance 20,000
…

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CBSE 2024Set MARCH1 markMCQ
$Q. The amount of credit sales can be computed from :$
(a) Bills receivable account
(b) Total debtors account
(c) Bills payable account
(d) Total creditors account
›Reveal solutionSolution
Credit sales are computed as the balancing figure of the Total Debtors Account — option (b).

When books are kept on a single-entry (incomplete-records) basis, the credit sales figure is not directly available, so it is recovered from a control account. The Total Debtors Account summarises every transaction affecting customers who owe the business:

Debit side: opening debtors, and credit sales (the figure to be found).

Credit side: cash/cheque received from debtors, discount allowed, sales returns, bad debts, bills receivable accepted, and closing debtors. …
Start your 14-day free trial to see the full solution →

Total Debtors A/c	₹		₹
To Opening balance (?)	?	By Cash received	1,40,000
To Credit sales	1,20,000	By Closing balance	20,000
…

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Q.The amount of credit sales can be computed from :

Concept understanding — Total Debtors and Total Creditors Accounts

Q.The amount of credit sales can be computed from :

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